Ann: Positive PDCO opinion and A$20m Placement, page-155

Like I said ...... no need to compare, describe and criticise the way it was done, (which is exactly what you did) just how you would do it please ? What was your plan ?
It's counter-productive to say what one wouldn't have done, just what one would have done.

By the way, I know the company said they would look at non dilution and other interested parties but perhaps they weren't the match they needed this time. All of those options still remain in play right now. Why wouldn't they ? I don't see the need to void the past to spite the future. This was a necessary event in the company's lifecycle and the owners (YOU) want it stoned to death. I find that hard to rationalise.